Introduction of the performance-linked stock compensation plan, the Stock Benefit Trust (BBT)
First written in FY2017-Q2. 16 of 34 entries say "Restated". Latest entry: FY2026-H1.
26 other companies' latest entry also says "Other".
- FY2026-H1Shares held in the BBT trust decreased to 13,739Annual report
「The Company has introduced a Board Benefit Trust (BBT) to motivate its officers and other eligible persons to manage the Company with an awareness of business performance and share price, and to align their interests with those of shareholders. The Company’s shares remaining in the trust are recorded as treasury shares under net assets at their carrying amount in the trust, excluding incidental costs. The carrying amount and number of these treasury shares during the current interim consolidated fiscal year were ¥34.347 million and 13,739 shares, respectively.」
The Company continued to disclose the purpose of the BBT program, and the number of shares held in trust decreased from 16,394 in the previous period to 13,739. - FY2025AdvancedAnnual report
「As both standalone net sales and standalone operating income achieved their targets in the current fiscal year, an achievement factor of 1.0 was applied when final points were awarded.」
For the BBT performance-linked evaluation, both net sales and operating income achieved their targets, and an achievement factor of 1.0 was applied. The number of shares held in trust is 16,394. - FY2025-H1BBT trust-held shares decreased to 16,394.Annual report
「The Company has introduced a Board Benefit Trust (BBT) to motivate its officers and other eligible persons to manage the Company with an awareness of business performance and share price, and to align their interests with those of shareholders. The Company’s shares remaining in the trust are recorded as treasury shares under net assets at their carrying amount in the trust, excluding incidental costs. The carrying amount and number of these treasury shares during the current interim consolidated fiscal year were ¥40.985 million and 16,394 shares, respectively.」
The Company continued to disclose the purpose of the BBT program, and the number of shares held in trust decreased from 17,744 in the previous period to 16,394. - FY2024The BBT final point award factor was updated from zero to 0.5.Annual report
「Although standalone net sales fell short of the target in the current fiscal year, standalone operating income achieved the target, so an achievement factor of 0.5 was applied when final points were awarded.」
The system of evaluating annual net sales and operating income performance against targets continued, and an achievement factor of 0.5 was applied in the current fiscal year because net sales fell short of the target while operating income achieved it. - FY2024-Q2RestatedAnnual report
「The Company has introduced a Board Benefit Trust (BBT) to motivate its officers and other eligible persons to manage the Company with an awareness of business performance and share price, and to align their interests with those of shareholders. The carrying amount and number of these treasury shares during the second quarter of the current consolidated fiscal year were ¥44.360 million and 17,744 shares, respectively.」
The purpose and continued operation of the BBT program have been reconfirmed. The number of shares held in trust is 17,744, with a carrying amount of ¥44.360 million, unchanged from the previous quarter. - FY2024-Q1The BBT-held share figures of 17,700 and 17,744 are both stated.Annual report
「The number of common shares under “Fully Voting Shares (Treasury Shares, etc.)” includes the 17,700 shares held by The Custody Bank of Japan, Ltd. (Trust E Account) in connection with the introduction of the Board Benefit Trust (BBT), representing 177 voting rights. These 177 voting rights were not exercised. The carrying amount and number of these treasury shares during the first quarter of the current consolidated fiscal year were ¥44.360 million and 17,744 shares, respectively.」
The voting rights information states that the BBT trust holds 17,700 shares, while the supplementary information states 17,744 shares. It also states the purpose and continued operation of the BBT and that the voting rights were not exercised. - FY2023The BBT achievement factor was zero because operating income fell short of the target.Annual report
「For the quantitative evaluation criteria for share-based compensation, the Company evaluates the achievement of annual net sales and operating income targets and awards points according to the recipient’s position. These indicators are used as quantitative evaluation criteria because the Company determined that they have a significant impact on movements in its share price. Although the net sales target was achieved in the current fiscal year, operating income fell substantially short of the target, so an achievement factor of zero was applied when final points were awarded.」
The evaluation criteria for the BBT have continued, but in the 73rd fiscal period, the net sales target was achieved while operating income fell substantially short of the target, resulting in an achievement factor of zero when final points were awarded. - FY2023-Q3RestatedAnnual report
「The Company has introduced a Board Benefit Trust (BBT) to motivate its officers and other eligible persons to manage the Company with an awareness of business performance and share price, and to align their interests with those of shareholders. The carrying amount and number of these treasury shares during the third quarter of the current consolidated fiscal year were ¥44.360 million and 17,744 shares, respectively.」
The purpose and continued operation of the BBT program have been reconfirmed. The number of shares held in trust is 17,744, unchanged from the previous quarter. - FY2023-Q2BBT trust-held shares decreased to 17,744.Annual report
「③ Matters concerning the Company’s shares held in trust The Company’s shares remaining in the trust are recorded as treasury shares under net assets at their carrying amount in the trust, excluding incidental costs. The carrying amount and number of these treasury shares during the second quarter of the current consolidated fiscal year were ¥44.360 million and 17,744 shares, respectively.」
The Company continued to disclose the BBT performance- and share-price-linked compensation program, and the number of shares held in trust decreased from 21,414 in FY2023-Q1 to 17,744. - FY2023-Q1RestatedAnnual report
「The Company has introduced a Board Benefit Trust (BBT) to motivate its officers and other eligible persons to manage the Company with an awareness of business performance and share price, and to align their interests with those of shareholders.」
The purpose and continued operation of the BBT program have been reconfirmed. The number of shares held in trust is 21,414, with a carrying amount of ¥53.535 million. - FY2022AdvancedAnnual report
「The carrying amount and number of shares of the treasury shares were ¥63.922 million and 25,569 shares, respectively, in the previous fiscal year, and ¥53.535 million and 21,414 shares, respectively, in the current fiscal year.」
The BBT program has continued to operate, and the number of shares held in trust decreased from 25,569 to 21,414. As the targets for net sales and operating income were achieved, the achievement factor for the current fiscal year was set at 1.0. - FY2022AdvancedAnnual report
「For stock compensation, the company evaluates annual achievement of revenue and operating profit as quantitative evaluation criteria and awards points based on the officer's position. As both revenue and operating profit met their targets in the current fiscal year, an achievement factor of 1.0 was applied when the final points were awarded.」
For the BBT performance-linked evaluation, annual achievement of revenue and operating profit is used as the basis. In the 72nd fiscal year, both indicators met their targets, resulting in application of an achievement factor of 1.0. - FY2022-Q3RestatedAnnual report
「The company has introduced Stock Benefit Trust (BBT) to motivate officers and other personnel to manage the company with greater awareness of performance and share price, and to share an awareness of interests with shareholders.」
The company reconfirms the purpose and continued operation of the BBT plan. Additional information states that the trust held 21,414 shares during the current third-quarter accounting period, with a carrying amount of ¥53.535 million. - FY2022-Q2Shares held in the BBT trust decreased to 21,414Annual report
「The carrying amount and number of these treasury shares during the current second-quarter accounting period were ¥53.535 million and 21,414 shares, respectively.」
The company continues to disclose the purpose and operation of the BBT plan and reports a carrying amount of ¥53.535 million and 21,414 shares held in the trust. The number of shares decreased from the previously reported 25,569. - FY2022-Q1Disclosed additional figures for shares held in the BBT trustAnnual report
「The carrying amount and number of these treasury shares during the current first-quarter accounting period were ¥63.922 million and 25,569 shares, respectively.」
The BBT plan continues to operate as performance- and share-price-linked compensation for officers and other personnel. Additional information states that the trust held 25,569 shares, with a carrying amount of ¥63.922 million. - FY2021AdvancedAnnual report
「For stock compensation, the company evaluates annual achievement of revenue and operating profit as quantitative evaluation criteria and awards points based on the officer's position. As both revenue and operating profit met their targets in the current fiscal year, an achievement factor of 1.0 was applied when the final points were awarded.」
For the BBT performance-linked evaluation, annual achievement of revenue and operating profit is used as the basis. Both indicators met their targets in the current fiscal year, resulting in application of an achievement factor of 1.0. - FY2021-Q3RestatedAnnual report
「The number of common shares in the "Fully voting shares (treasury shares, etc.)" column includes the 25,500 shares held by 株式会社日本カストディ銀行 (Trust Account E) in connection with the introduction of Stock Benefit Trust (BBT), representing 255 voting rights. These 255 voting rights were not exercised.」
The company discloses the 25,500 shares held by Trust Account E under the BBT plan and the non-exercise of the voting rights, confirming the plan's continued operation. - FY2021-Q2Shares held in the BBT trust decreased to 25,500Annual report
「The number of common shares in the "Fully voting shares (treasury shares, etc.)" column includes the 25,500 shares held by 株式会社日本カストディ銀行 (Trust Account E) in connection with the introduction of Stock Benefit Trust (BBT), representing 255 voting rights. These 255 voting rights were not exercised.」
The company confirms the continued operation of the BBT plan and the non-exercise of the voting rights, and states that shares held by Trust Account E decreased from the previously reported 27,670 to 25,500. - FY2021-Q1RestatedAnnual report
「The number of common shares in the "Fully voting shares (treasury shares, etc.)" column includes the 27,670 shares held by 株式会社日本カストディ銀行 (Trust Account E) in connection with the introduction of Stock Benefit Trust (BBT), representing 276 voting rights. These 276 voting rights were not exercised.」
The company discloses the 27,670 shares held by Trust Account E under the BBT plan and the non-exercise of the voting rights, confirming the plan's continued operation. The trustee's corporate name is 株式会社日本カストディ銀行. - FY2020Applied a final achievement factor of 0.5 to performance-linked stock compensationAnnual report
「For stock compensation, the company evaluates annual achievement of revenue and operating profit as quantitative evaluation criteria and awards points based on the officer's position. Although operating profit met its target in the current fiscal year, revenue fell short, so an achievement factor of 0.5 was applied when the final points were awarded.」
For the BBT performance-linked evaluation, annual achievement of revenue and operating profit is used as the basis. In the current fiscal year, operating profit met its target but revenue fell short, resulting in application of an achievement factor of 0.5. - FY2020-Q3BBT trustee changed its corporate name following a mergerAnnual report
「The number of common shares in the "Fully voting shares (treasury shares, etc.)" column includes the 27,670 shares held by 資産管理サービス信託銀行株式会社 (Trust Account E) in connection with the introduction of Stock Benefit Trust (BBT), representing 276 voting rights. These 276 voting rights were not exercised. Effective 27 July 2020, 資産管理サービス信託銀行株式会社 and ＪＴＣホールディングス株式会社 were absorbed into 日本トラスティ・サービス信託銀行株式会社, which was the surviving company, and 日本トラスティ・サービス信託銀行株式会社 changed its corporate name to 株式会社日本カストディ銀行 on the same date.」
The company reconfirms the 27,670 shares held by Trust Account E under the BBT plan and the non-exercise of the voting rights, and discloses the trustee's absorption-type merger and change of corporate name to 株式会社日本カストディ銀行 effective 27 July 2020. - FY2020-Q2RestatedAnnual report
「The number of common shares in the "Fully voting shares (treasury shares, etc.)" column includes the 27,670 shares held by 資産管理サービス信託銀行株式会社 (Trust Account E) in connection with the introduction of Stock Benefit Trust (BBT), representing 276 voting rights. These 276 voting rights were not exercised.」
The company discloses the 27,670 shares held by Trust Account E under the BBT plan and the non-exercise of the voting rights, confirming the plan's continued operation. - FY2020-Q1RestatedAnnual report
「The number of common shares in the "Fully voting shares (treasury shares, etc.)" column includes the 27,670 shares held by 資産管理サービス信託銀行株式会社 (Trust Account E) in connection with the introduction of Stock Benefit Trust (BBT), representing 276 voting rights. These 276 voting rights were not exercised.」
The company discloses the 27,670 shares held by Trust Account E under the BBT plan and the non-exercise of the voting rights, confirming the plan's continued operation. - FY2019Disclosed annual revenue and operating profit achievement as quantitative evaluation criteria for stock compensationAnnual report
「For stock compensation, the company evaluates annual achievement of revenue and operating profit as quantitative evaluation criteria and awards points based on the officer's position.」
In addition to the continued operation of the BBT plan, the company describes a mechanism under which annual achievement of revenue and operating profit is evaluated for stock compensation and points are awarded based on the officer's position. As of 30 November 2019, Trust Account E held 27,670 shares. - FY2019-Q3RestatedAnnual report
「The number of common shares in the "Fully voting shares (treasury shares, etc.)" column includes the 27,670 shares held by 資産管理サービス信託銀行株式会社 (Trust Account E) in connection with the introduction of Stock Benefit Trust (BBT), representing 276 voting rights. These 276 voting rights were not exercised.」
The company discloses the 27,670 shares held by Trust Account E under the BBT plan and the non-exercise of the voting rights, confirming the plan's continued operation. The number of shares held is unchanged from the previous disclosure. - FY2019-Q2Shares held in the BBT trust decreased to 27,670Annual report
「The number of common shares in the "Fully voting shares (treasury shares, etc.)" column includes the 27,670 shares held by 資産管理サービス信託銀行株式会社 (Trust Account E) in connection with the introduction of Stock Benefit Trust (BBT), representing 276 voting rights. These 276 voting rights were not exercised.」
The company confirms the continued operation of the BBT plan and states that shares held by Trust Account E decreased from the previously reported 29,805 to 27,670. - FY2019-Q1RestatedAnnual report
「The number of common shares in the "Fully voting shares (treasury shares, etc.)" column includes the 29,805 shares held by 資産管理サービス信託銀行株式会社 (Trust Account E) in connection with the introduction of Stock Benefit Trust (BBT), representing 298 voting rights. These 298 voting rights were not exercised.」
The company discloses the 29,805 shares held by Trust Account E under the BBT plan and the non-exercise of the voting rights, confirming the plan's continued operation. - FY2018RestatedAnnual report
「Based on a resolution at the 66th Annual General Meeting of Shareholders held on 24 February 2017, the company introduced the performance-linked stock compensation plan Stock Benefit Trust (BBT) from 28 April 2017 as compensation for its directors, excluding directors who are Audit and Supervisory Committee members and outside directors among the other directors, as well as its executive officers and advisers (collectively, "officers and other personnel").」
The company reconfirms the BBT plan's eligible participants, introduction date and positioning as performance-linked compensation. The balance of shares held by Trust Account E was 29,805 as of 30 November 2018. - FY2018-Q3RestatedAnnual report
「The number of common shares in the "Fully voting shares (treasury shares, etc.)" column includes the 149,025 shares held by 資産管理サービス信託銀行株式会社 (Trust Account E) in connection with the introduction of Stock Benefit Trust (BBT), representing 149 voting rights. These 149 voting rights were not exercised.」
The company discloses the 149,025 shares held by Trust Account E under the BBT plan and the non-exercise of the voting rights, confirming the plan's continued operation. - FY2018-Q2RestatedAnnual report
「The number of common shares in the "Fully voting shares (treasury shares, etc.)" column includes the 149,025 shares held by 資産管理サービス信託銀行株式会社 (Trust Account E) in connection with the introduction of Stock Benefit Trust (BBT), representing 149 voting rights. These 149 voting rights were not exercised.」
The company discloses the 149,025 shares held by Trust Account E under the BBT plan and the non-exercise of the voting rights, confirming the plan's continued operation. - FY2018-Q1RestatedAnnual report
「The number of common shares in the "Fully voting shares (treasury shares, etc.)" column includes the 160,000 shares held by 資産管理サービス信託銀行株式会社 (Trust Account E) in connection with the introduction of Stock Benefit Trust (BBT), representing 160 voting rights. These 160 voting rights were not exercised.」
The company discloses the 160,000 shares held by Trust Account E under the BBT plan and the non-exercise of the voting rights, confirming the plan's continued operation. - FY2017RestatedAnnual report
「Based on a resolution at the 66th Annual General Meeting of Shareholders held on 24 February 2017, the company introduced the performance-linked stock compensation plan Stock Benefit Trust (BBT) from 28 April 2017 as compensation for its directors, excluding directors who are Audit and Supervisory Committee members and outside directors among the other directors, as well as its executive officers and advisers (collectively, "officers and other personnel"). In connection with the introduction of this plan, 資産管理サービス信託銀行株式会社 (Trust Account E) acquired 160,000 shares of the company, which are recorded as treasury shares under shareholders' equity.」
The company reconfirms the BBT plan's eligible participants, introduction date and acquisition of 160,000 shares by Trust Account E. The carrying amount was ¥80 million as of 30 November 2017. - FY2017-Q3RestatedAnnual report
「Based on a resolution at the 66th Annual General Meeting of Shareholders held on 24 February 2017, the company introduced the performance-linked stock compensation plan Stock Benefit Trust (BBT) from 28 April 2017 as compensation for its directors, excluding directors who are Audit and Supervisory Committee members and outside directors among the other directors, as well as its executive officers and advisers (collectively, "officers and other personnel").」
The company reiterates the details of the BBT performance-linked stock compensation plan and discloses the 160,000 shares held by Trust Account E and their carrying amount of ¥80 million at the end of the current third quarter. - FY2017-Q2First statedAnnual report
「Based on a resolution at the 66th Annual General Meeting of Shareholders held on 24 February 2017, the company introduced the performance-linked stock compensation plan Stock Benefit Trust (BBT) from 28 April 2017 as compensation for its directors, excluding directors who are Audit and Supervisory Committee members and outside directors among the other directors, as well as its executive officers and advisers (collectively, "officers and other personnel"). In connection with the introduction of this plan, 資産管理サービス信託銀行株式会社 (Trust Account E) acquired 160,000 shares of the company, which are recorded as treasury shares under shareholders' equity.」
From 28 April 2017, the company introduced the performance-linked stock compensation plan BBT for directors other than outside directors and directors who are Audit and Supervisory Committee members, as well as executive officers and advisers. Trust Account E acquired 160,000 shares, which are recorded as treasury shares.